Project56
ActiveSummary
Project56 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €300,474 and a net result of €54,013. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 71% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▼-1
Solvency100▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.53 in 2023; short-term debt: 15.9% and cash: 26.1% of total assets), and 21.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
44 d early
2024
16 d early
2023
15 d early
2022
1 d late
2021
27 d early
2020
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€300,474▲ 21.9%
2023 · €246,461
Total assets
€381,827▲ 3.1%
2023 · €370,447
Net result
€54,013=
2023 · €53,996
Working capital
€56,846▲ 70.8%
2023 · €33,290
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€94,782-€60,527▼ 36.1%€56,266▼ 7.0%€69,749▲ 24.0%€68,544▼ 1.7%
Net result€73,779above the sector's middle half-€52,688above the sector's middle half▼ 28.6%€47,447above the sector's middle half▼ 9.9%€53,996above the sector's middle half▲ 13.8%€54,013above the sector's middle half=
Equity€92,329within the sector's middle half-€145,017within the sector's middle half▲ 57.1%€192,465above the sector's middle half▲ 32.7%€246,461above the sector's middle half▲ 28.1%€300,474above the sector's middle half▲ 21.9%
Total assets€158,181within the sector's middle half-€383,317above the sector's middle half▲ 142%€363,200above the sector's middle half▼ 5.2%€370,447above the sector's middle half▲ 2.0%€381,827above the sector's middle half▲ 3.1%
Debt€65,852-€238,299▲ 262%€170,735▼ 28.4%€123,986▼ 27.4%€81,353▼ 34.4%
Working capital€82,650within the sector's middle half-€96,168within the sector's middle half▲ 16.4%€10,789below the sector's middle half▼ 88.8%€33,290within the sector's middle half▲ 209%€56,846within the sector's middle half▲ 70.8%
Solvency58.4%within the sector's middle half-37.8%within the sector's middle half▼ 20.5pp53.0%within the sector's middle half▲ 15.2pp66.5%within the sector's middle half▲ 13.5pp78.7%within the sector's middle half▲ 12.2pp
Current ratio2.77within the sector's middle half-2.27within the sector's middle half▼ 0.501.16below the sector's middle half▼ 1.121.53within the sector's middle half▲ 0.371.94within the sector's middle half▲ 0.41
Return on assets (ROA)46.6%above the sector's middle half-13.7%within the sector's middle half▼ 32.9pp13.1%within the sector's middle half▼ 0.7pp14.6%within the sector's middle half▲ 1.5pp14.1%within the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €381,827
Fixed assets
€264,331 ▼ 3.6%
Current assets
€117,496 ▲ 22.2%
Equity and liabilities €381,827
Equity
€300,474 ▲ 21.9%
Debt
€81,353 ▼ 34.4%
Debt's share of the balance-sheet total falls from 33.5% to 21.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80,074▼
2023 · €84,579
Cash flow
€65,543▼
2023 · €68,826
Debt to equity
0.27▼
2023 · 0.50
ROE
18.0%▼
2023 · 21.9%
Interest coverage
76.33▲
2023 · 60.03
Debt ≤ 1 year
€60,650▼
2023 · €62,865
Debt > 1 year
€20,353▼
2023 · €60,821
Income taxes
€14,086▼
2023 · €14,524
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,746 | €11,765 | €15,642 | €14,830 | €11,530 | ▼ 22.2% |
| Other operating charges640/8 | - | €339 | €579 | €1,543 | €1,535 | ▼ 0.5% |
| Gross operating margin9900 | €108,414 | €72,631 | €72,487 | €86,122 | €81,609 | ▼ 5.2% |
| Operating profit (loss)9901 | €94,782 | €60,527 | €56,266 | €69,749 | €68,544 | ▼ 1.7% |
| Financial income75/76B | - | €1 | €0 | €180 | €605 | ▲ 236% |
| Recurring financial income75 | €27 | €1 | €0 | €180 | €605 | ▲ 236% |
| Financial charges65/66B | - | €1,837 | €1,774 | €1,409 | €1,049 | ▼ 25.5% |
| Recurring financial charges65 | €1,235 | €1,837 | €1,774 | €1,409 | €1,049 | ▼ 25.5% |
| Profit (loss) for the period before taxes9903 | €93,574 | €58,690 | €54,492 | €68,520 | €68,099 | ▼ 0.6% |
| Income taxes67/77 | €19,795 | €6,002 | €7,045 | €14,524 | €14,086 | ▼ 3.0% |
| Profit (loss) for the period9904 | €73,779 | €52,688 | €47,447 | €53,996 | €54,013 | = |
| Profit (loss) for the period to be appropriated9905 | €73,779 | €52,688 | €47,447 | €53,996 | €54,013 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158,181 | €383,317 | €363,200 | €370,447 | €381,827 | ▲ 3.1% |
| Fixed assets21/28 | €28,773 | €211,548 | €283,110 | €274,292 | €264,331 | ▼ 3.6% |
| Tangible fixed assets22/27 | €28,773 | €211,548 | €283,110 | €274,292 | €264,331 | ▼ 3.6% |
| Land and buildings22 | - | €191,126 | €271,038 | €270,028 | €262,534 | ▼ 2.8% |
| Plant, machinery and equipment23 | - | €1,958 | €877 | €546 | €1,782 | ▲ 227% |
| Furniture and vehicles24 | - | €18,464 | €11,195 | €3,719 | €15 | ▼ 99.6% |
| Current assets29/58 | €129,408 | €171,769 | €80,090 | €96,154 | €117,496 | ▲ 22.2% |
| Amounts receivable within one year40/41 | €28,780 | €20,455 | €14,367 | €15,014 | €15,230 | ▲ 1.4% |
| Trade receivables40 | - | €14,605 | €14,208 | €15,014 | €14,816 | ▼ 1.3% |
| Other amounts receivable41 | - | €5,850 | €159 | €0 | €414 | - |
| Current investments50/53 | - | - | - | €25,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €100,628 | €150,658 | €64,833 | €55,510 | €99,774 | ▲ 79.7% |
| Deferred charges and accrued income490/1 | - | €655 | €890 | €631 | €2,492 | ▲ 295% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158,181 | €383,317 | €363,200 | €370,447 | €381,827 | ▲ 3.1% |
| Equity10/15 | €92,329 | €145,017 | €192,465 | €246,461 | €300,474 | ▲ 21.9% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €73,779 | €126,467 | €173,915 | €227,911 | €281,924 | ▲ 23.7% |
| Distributable reserves133 | - | €126,467 | €173,915 | €227,911 | €281,924 | ▲ 23.7% |
| Amounts payable17/49 | €65,852 | €238,299 | €170,735 | €123,986 | €81,353 | ▼ 34.4% |
| Amounts payable after more than one year17 | €18,000 | €162,123 | €100,975 | €60,821 | €20,353 | ▼ 66.5% |
| Financial debts170/4 | - | €162,123 | €100,975 | €60,821 | €20,353 | ▼ 66.5% |
| Amounts payable within one year42/48 | €46,757 | €75,601 | €69,301 | €62,865 | €60,650 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €36,226 | €39,842 | €40,154 | €40,468 | ▲ 0.8% |
| Trade debts44 | €2,001 | €573 | €1,784 | €3,719 | €6,591 | ▲ 77.2% |
| Suppliers440/4 | - | €573 | €1,784 | €3,719 | €6,591 | ▲ 77.2% |
| Taxes, remuneration and social security45 | - | €28,059 | €21,417 | €17,559 | €12,709 | ▼ 27.6% |
| Taxes450/3 | - | €25,797 | €19,080 | €14,971 | €10,069 | ▼ 32.7% |
| Remuneration and social security454/9 | - | €2,262 | €2,337 | €2,588 | €2,640 | ▲ 2.0% |
| Other amounts payable47/48 | - | €10,742 | €6,258 | €1,433 | €881 | ▼ 38.5% |
| Accrued charges and deferred income492/3 | - | €576 | €459 | €300 | €350 | ▲ 16.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73,779 | €52,688 | €47,447 | €53,996 | €54,013 | = |
| + Depreciation and write-downs630 | €12,746 | €11,765 | €15,642 | €14,830 | €11,530 | ▼ 22.2% |
| Operating cash flow (approximation) | €86,526 | €64,453 | €63,090 | €68,826 | €65,543 | ▼ 4.8% |
| Investment in fixed assets (approximation) | - | -€194,540 | -€87,204 | -€6,013 | -€1,569 | ▲ 73.9% |
| Change in cash | - | €50,030 | -€85,825 | -€9,323 | €44,264 | ▲ 575% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200,000Eq €246,461 ▲28.1%
4 profitable years in a row build equity to €246,461.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial
Weakest financial yearnet €47,447 ▼9.9%
Net result drops to €47,447, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €192,465 ▲32.7%
3 profitable years in a row build equity to €192,465.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €145,017 ▲57.1%
2 profitable years in a row build equity to €145,017.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortemark · 2 establishment units since 2019
Ground area
6,484 m²
Building footprint
1,313 m²
Volume, LiDAR
1,570 m³
3 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Project56
since 20192.291.324.694
Stichelgatstraat 6, 1700 Dilbeek
since 20222.340.384.029
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016B0327/00A000 | Flanders | 2,887 m² | 1 · 1,024 m² | - |
| 32005D0148/00K000 | Flanders | 2,644 m² | 1 · 168 m² | 7.7 m · 2 fl. |
| 32005D0154/00R000 | Flanders | 953 m² | 1 · 120 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 6,181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-07-2019
Fiscal year end31-12
Abbreviation NL
P56
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
64210Activities of holding companies
70200Business and other management consultancy
90201Performing arts by independent artists
90391Promotion and organisation of arts and performing arts events
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730793347
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.